1 answer

The method of estimating bad debts which best matches current expenses with current revenues uses a(n):...

Question:

The method of estimating bad debts which best matches current expenses with current revenues uses a(n):

a) aging of accounts receivable

b) percentage of net credit sales

c) percentage of total sales.

d) percentage of accounts receivable.


Answers

Answer: D) Percentage of Account Receivables » Percentage of estimated uncollectible accounts should applied on ending balanc

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